[Reuters] Apple to initiate dividend, share buyback

Posted by: UGN Security

[Reuters] Apple to initiate dividend, share buyback - 03/19/12 01:34 PM

(Reuters) - Apple Inc, the world's most valuable company, said Monday it will initiate a regular quarterly dividend of $2.65 a share in July and will buy back up to $10 billion of its stock starting in fiscal 2013.